2401 Prospect St, Gary, IN 46407 Property Records

Lake County property record for 2401 Prospect St, Gary, IN 46407

Property Summary

Property TypeSingle Family Home
Details3 bd · 1 ba · 704 sqft · built 1947
Lot Size0.078 acres (3,398 sqft)
OwnerCompany Name on File
Last Sale$20,000 (Jun 2025)
Tax Bill$979 (2024)
Deeds & MortgagesJun 2025 Mortgage
Jun 2025 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN001-25-46-0032-0001

Property Details

APN / Parcel Number

Primary APN001-25-46-0032-0001
Alternative APNs
  • 45-08-15-184-001.000-004
  • 254600320001

Interior

Bedrooms3 Beds
Full Baths1 Bath
Plumbing Fixtures5 Plumbing Fixtures
Total Rooms3 Rooms
Stories1 Story
Building Area704 sqft Living Area

Exterior

Year BuiltBuilt 1947
Construction TypeConcrete Block
Roof MaterialAsphalt
Lot Area3,398 sqft (0.078 acres)
Lot Dimensions130 ft deep x 36 ft wide
Garage TypeDetached
Garage Area360 sqft
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Heating SystemCentral

Location & Zoning

Account Number001-25-46-0032-0001
Old Parcel Number254600320001
Street Address2401 PROSPECT ST
CityGARY
StateIN
Zip46407-3721
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionMID CITY REALTY CO. CENTRAL SUB. ALL L.1 BL.9
Legal SubdivisionMID CITY REALTY COMPANYS CENTRAL SUBDIV
Legal Block9
Legal Lot Number1
JurisdictionLAKE IN
Township / Civil DivisionCALUMET
Census Block Group1
Census Block1033
Census Tract12100

Owner

2401 Prospect St is owned by a company that bought it in June 2025.

Source: Lake County records, as of March 18, 2026

Owner of RecordCompany Name on File
Mailing Address313 VAN BUREN ST, HEBRON, IN 46341
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jun 18, 2025Deed of Trust, Mortgage
ORITUM PROPERTIES LLC
Jun 18, 2025Warranty Deed, Transfer
LILLIAN R OLSON ESA 2809261

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 18, 2025 · Amount on File
Deed SaleJun 18, 2025 · Amount on File
Prior SaleFeb 27, 2015
Deed Document Number2025-522029
Record UpdatedJun 8, 2026

June 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IN
Property Address2401 PROSPECT ST, GARY, IN 46407-3721
Transaction TypeMortgage
Record UpdatedMar 19, 2026
Title CompanyNORTHWEST INDIANA TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address826 SUNNYSIDE RD, ROSELLE, IL 60172-2553

Mortgage

Document Number0000022030
DateJun 18, 2025
Instrument2025-522030
Lender
NameORITUM PROPERTIES LLC
TypeNon-Lending Institution
Agreement
AmountAmount on Record

June 2025: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionLAKE IN
Recording DateJun 18, 2025
Property Address2401 PROSPECT ST, GARY, IN 46407-3721
Document Number0000022029
Map ReferenceMB 15 PG 31
Instrument DateJun 17, 2025
Instrument2025-522029
Transaction TypeTransfer
Record UpdatedFeb 6, 2026
Title CompanyNORTHWEST INDIANA TITLE

Transaction

AmountAmount on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address313 VAN BUREN ST, HEBRON, IN 46341

Mortgage

Document Number0000022031
DateJun 18, 2025
Instrument2025-522031
Lender
NameLILLIAN R OLSON ESA 2809261
TypeNon-Lending Institution
Agreement
AmountAmount on Record

Tax Assessment & Valuation

Source: Lake County assessment roll, as of July 1, 2025

Property Jurisdictions

TypeName
StateIndiana
CountyLake County
County SubdivisionCalumet Township
MunicipalityGary City
Unified School DistrictGary Community School Corporation (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$32,800 (+6.84%) Land $5,900 Building $26,900$32,800 (+6.84%) Land $5,900 Building $26,900
2024$979.00$30,700 (+1.99%) Land $5,700 Building $25,000$30,700 (+1.99%) Land $5,700 Building $25,000
2023$30,100 (+6.36%) Land $5,700 Building $24,400$30,100 (+6.36%) Land $5,700 Building $24,400
2022$725.00$28,300 Land $5,800 Building $22,500$28,300 Land $5,800 Building $22,500

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 2401 Prospect St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2008.

Source: FEMA National Flood Hazard Layer, effective October 16, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force
Nearby Flood Claims1 (2008)
Most Recent ClaimJan 2008 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 2401 Prospect St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemINDIANA AMERICAN WATER - NORTHWEST
private · serves 210,510 people · EPA ID IN5245015
Water SourceSurface water
Last State InspectionJun 2025
Lead3 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 500 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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